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The best content, commentary and analysis selected from the web on a wide range of financial topics.
An invaluable tool for capturing themes, tracking strategies and developing tactics.



David Foster Wallace: This is Water

May 19th, 2013
in
In 2005, author David Foster Wallace was asked to give the commencement address to the 2005 graduating class of Kenyon College. However, the resulting speech didn’t become widely known until 3 years later, after his tragic death. It is, without a doubt, some of the best life advice we’ve ever come across, and perhaps the most simple and elegant explanation of the real value of education.

Fiscal prioritisation: Lessons from three wars

May 19th, 2013
in
George Hall, Thomas J. Sargent, 19 May 2013Can we learn from previous instances of fiscal prioritisation? This column surveys the US Treasury’s response to three wars – the Revolutionary War, The War of 1812 and the Civil War. Contemporary advocates of engaging in fiscal discrimination might ponder the actions of previous US Presidents Madison and Grant, who honoured all existing federal obligations despite challenging fiscal conditions.Full Article: Fiscal prioritisation: Lessons from three wars

In Bernanke we Trust

May 19th, 2013
in
Do you feel it too … The air of complacency that has engulfed financial markets and policy makers in the last month. With inflation falling and even the spectre of deflation now returning as a market meme as well as stubbornly weak growth, more stimulus and less concern about debt and deficits might of course seem warranted.

Unofficial Problem Bank list declines to 770 Institutions

May 18th, 2013
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This is an unofficial list of Problem Banks compiled only from public sources. Here is the unofficial problem bank list for May 17, 2013. Changes and comments from surferdude808:

Bernanke: "Economic Prospects for the Long Run"

May 18th, 2013
in
This is a from commencement speech today by Fed Chairman Ben Bernanke: Economic Prospects for the Long Run

Bernanke, Economic Prospects for the Long Run

May 18th, 2013
in
Speech at the Bard College at Simon's Rock, Great Barrington, Massachusetts

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